£195,525
This estimated value is based upon the latest sale price for the house of £157,500 on 30 Oct 2018. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £157,500 | 30 Oct 2018 |
| £129,000 | 27 Jul 2007 |
| £120,000 | 22 Nov 2004 |
| £59,000 | 14 Jul 2000 |
| £43,950 | 27 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF PETERBOROUGH to estimate the market value.
When this house was purchased in October 2018 the House Price Index for CITY OF PETERBOROUGH was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £157,500 results in an estimated price of approximately £195,525.
| 30 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £157,500 | £38,025 | £195,525 |
The Postcode Pricing Model uses changes in average sales price within the PE2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 46.623 % | £73,430 | £230,930 |
| 3 Month Average | 16.252 % | £25,597 | £183,097 |
| 6 Month Average | 25.773 % | £40,592 | £198,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £377,585 | £368,000 | 16 BELTON ROAD |
| 30 Jun 2023 | £311,237 | £305,000 | 31 BELTON ROAD |
| 14 Nov 2022 | £189,116 | £190,000 | 19 WIGMORE DRIVE |
| 25 Jan 2022 | £191,896 | £181,000 | 17 WIGMORE DRIVE |
| 17 Dec 2021 | £399,344 | £370,000 | 26 BELTON ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 11 Jun 2018. Using an estimated price of £195,525 means this house is valued at £3,620 per sq meter (£336 per sq foot).
The average size of a house on WIGMORE DRIVE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Norham Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norham Court |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Norham Court |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norham Court |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Oxburgh Close |